Over the last couple of decades, there has been a concerted push by the Government to enhance India’s renewable energy capacity. With the focus to gradually shift from fossil fuel to clean energy fo...
Published On: 01/02/2017
Practice Area: Energy, Infrastructure & Natural Resources
Authors:
Ran Chakrabarti
The Atomic Energy (Amendment) Act, 2015 (the "Amendment Act") essentially expanded the definition of "Government Company" in the Act to include a joint venture formed between NPCIL and a PSU. This article considers the implications of the Amendment Act, assesses its impact over the year since the Act was amended and more importantly, puts it into context of the estimated capital costs of a nuclear build out.
